Cloverdale median real estate price is $690,145, which is less expensive than 67.8% of California neighborhoods and 21.5% of all U.S. neighborhoods.
The average rental price in Cloverdale is currently $4,113, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.9% of the neighborhoods in California.
Cloverdale is a suburban neighborhood (based on population density) located in Moreno Valley, California.
Cloverdale real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Cloverdale neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Cloverdale are 4.6%, which is lower than one will find in 68.0% of American neighborhoods. Demand for real estate in Cloverdale is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
One way that the Cloverdale neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Cloverdale neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 96.3% of all American neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Cloverdale neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 38.1% of the households here have four, five, or more cars. That is more cars per household than in 97.5% of the neighborhoods in the nation.
With 1.8% of employed workers living in the Cloverdale neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Cloverdale neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.9% of this neighborhood's residents have Mexican ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Cloverdale neighborhood in Moreno Valley are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.1% of the neighborhoods in America. With 27.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.0% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Cloverdale neighborhood, 39.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.5%), and 16.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Cloverdale neighborhood is English, spoken by 51.0% of households. Some people also speak Spanish (44.3%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Cloverdale neighborhood in Moreno Valley, CA, residents most commonly identify their ethnicity or ancestry as Mexican (57.9%). There are also a number of people of Asian ancestry (4.4%), and residents who report English roots (4.2%), and some of the residents are also of Irish ancestry (4.2%), along with some German ancestry residents (3.4%), among others. In addition, 23.8% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Cloverdale neighborhood spend between 15 and 30 minutes commuting one-way to work (35.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.